I refer to the captioned subject. According to clause 27(b) to Form 3CD, we are required to report whether the Assessee has complied with provisions of Chapter XVII-B. One of the sub clauses requires us to report whether TDS was deducted late.
In one of my clients' case there was a late deduction; Does this qualify for disallowance u/s.40a(ia)?;
since shorter deduction, late deposition and non-deduction being other sub clauses in the same category require us to disallow the expenses.
Please offer your valuable comments.
CAclubindia
